Pathfinder Minerals Share Discussion Threads

[jumbone] 23/3/2016 19:55

Great keep following trades of others and post about them while they make tons of money

[bean02] 23/3/2016 09:36

3 x trades. 100, 74, 75 all buys all sold already. Pump broken

[bean02] 22/3/2016 10:47

Shall I let you know when they start ramping again so you can time your exit!? They're trying hard to sell 75% of nothing is better than 100% of nothing. Spot the 3 trades and the followers and match them after 10% rise. Gl

[the stigologist] 21/3/2016 14:05

and that is after he has had 'loads of baggers'

pmsl

[jumbone] 21/3/2016 14:01

Still can't buy any meaningful quantities

[bean02] 21/3/2016 13:20

There's your 50,50,100 buyer this morning out with his profit . Even he doesn't believe In the pump ;-p

[bean02] 21/3/2016 11:40

Half from the boss, half from ? ;) Flipped for a tidy profit. Rinse and repeat ;)

[yasx] 21/3/2016 10:42

The Company issued shares at 0.83p and, given the fact they were only able to raise a paltry amount, have indciated more funds will be required. Quite why this is at 2p beats me.

This will be below 1p fairly soon - days, not weeks.

[jumbone] 20/3/2016 23:43

The True Pathfinder -- Finding a New Path










Welcome to my New Thread!!

The ownership dispute between the Pathfinder Minerals founders and General Veloso on the ownership of Moebase and Naburi mineral reseve base of PFP was and continues to be very costly for both parties in dispute.


The true cost of the ownership dispute is borne by the retail shareholders of PFP
As a result of this dispute a mine that could have produced an annual revenue of $338,550,000 and provided hundreds of jobs, a company that should have had a market cap of more than 50 mill GBP is valued today at £1.8 mill


To truly understand whether there is conviction of both parties to end this dispute, Why this about turn, why now and the implications of this turnaround to the retail shareholders we need to look at the wider environment for clues and extrapolate possibilities from them.

So let's understand about the market from the THIRD largest producer,

Iluka Resources Limited

about

Mineral Sands Industry as this industry is known in the wider world










This is slide # 6 From

hxxps://www.iluka.com/docs/default-source/company-presentations/investment-market-presentation-(june-2015)

Note the 3 important points from their presentation

Industry dynamics include the following challenges

‒medium to longer term supply challenge

‒significant capital required to sustain production/meet demand

‒higher prices required to incentivise supply?


Before we take Iluka Resources Limited's word for granted...

What does some one else say about this industry?

This is what Sierra Rutile Limited thinks as per their recent presentation











This is the slide # 8 of their presentation

hxxp://www.sierra-rutile.com/uploads/srl-minesandmoney_final_send.pdf

So Iluka is not imagining, it's a fact that

1. There is a big Demand for Titanium and it's growing....

2. There is a mismatch between the low prices and high cost of capital in production of Titanium products

3. But there is a Bigger long term SUPPLY problem


In this scenario Iluka Resources Limited suddenly announces the suspension of mining for 24 months on 16 February 2015







Why would they do something like this...

2 Reasons:

1. Because they have less than 6 years of resources available... So they want to ensure that they continue and thrive as long as possible

2. They want the market to pay much higher than the current $ 960 per Ton of their produce...

Daft some may think...


But Iluka are reputed to be very shrewd and Focussed


Remember them?

They were chasing Kenmare to take them over for 2 years.

Why?

Because Iluka does not have enough resources for a long-term existence

So the only route is to Takeover a smaller entity..

Who...

These are the possibles...








Of these possibles...

Kenmare Resources is UNTOUCHABLE for the next 12 months.. Because of the takeover Code

Sierra Rutile is untouchable because of the shareholding pattern, & especially because the same largest shareholder of KMR is also a 19.48% shareholder of SRX

Base Resources has too small a resource base and the production cost is too expensive to interest Iluka

The only one left out is Pathfinder Minerals

You may ask why not some one totally new...

Yes that's what Iluka thought too...

So they spent a fortune and identified a new resource base in Sri Lanka in Puttalam Lagoon here...







But it has 2 problems..

1. The resources are not that big...







2. Big possible Ecological Opposition from the Greens because it's a pristine mangrove

Take a look ... Would you allow dredging in a place like this?





Why start a new greenfield project which has a low resource base and which is definite to have complications from the Environmental point of view?

Instead would Iluka not look at another greenfield project where they have a better resourse base and NO environmental complications?

Moreover PFP is just 50 Km away from their earlier target "Kenmare"

hxxp://www.directorstalkinterviews.com/pathfinder-minerals-plc-an-opportunity-on-the-horizon/412661967

So

"Pathfinder Minerals is most likely the logical target of Iluka 's acquisition"



May be that's what they mean by

" higher prices required to incentivise supply?"

in that slide 6 above..


No wonder there is such a transformation in the attitude of the parties to the dispute here in Pathfinder Minerals

No wonder General Veloso is so quiet from July Last year

Especially if they can start production in 32 months


As described in page #6 of this coverage..

hxxps://www.equitydevelopment.co.uk/doc/859.pdf


Iluka and Pathfinder both would be very happy.





This is the transformation time line...

The change of attitude seems quite sudden...

So something has triggered this change...

IIluka could be the possible cause behind this sudden transformation.

Time will surely tell.

All the very best

30-Jun-15

The chairman states "Notwithstanding the multiple proceedings ongoing in Mozambique it is likely that, whatever their outcome, appeals will follow. For this reason, the Company has continuously kept an open mind with regards to the merits of a mediated settlement with the Defendants. However, the willingness to date of the Defendants to entertain reasonable terms for Pathfinder's shareholders makes this an unlikely scenario.





24-Jul-15

General Jacinto Soares Veloso posts a copy of the Court's acceptance of his appeal on his Blog

[...]


02-Mar-16

PFP Updates that - It has no visibility on the timing on the restoration of the disputed licences. It also states that -cash situation is now acute, and intends to raise a small amount of additional working capital




10-Mar-16

PFP Announces that - James Normand has resigned as a Director and as Company Secretary of the Company with immediate effect. James Normand is reportedly a very staunch opponent of a negotiated settlement with General Veloso




16-Mar-16

PFP does an about turn and announces that " Company is in discussions to appoint a potential new local representative in Maputo to assist Pathfinder in its dialogue with the Mozambique Government. No formal agreement with the prospective local representative has yet been signed however, in the event that such an appointment is made, it is expected that the Company would issue up to 25 per cent of its share capital to the local representative should the Licences be successfully restored to the Company's control. "




17-Mar-16

PFP announces that it has raised £200,000 through a subscription for 24,024,024 shares at a price of 0.8325p. Half of the subscription was made by Nick Trew, the Company's CEO

[jumbone] 18/3/2016 21:37

Another Muppet liquid Gold... Fantastic name... But what's the use..

There were at the very least 20 Transactions which were Bed & ISA transactions

Can You identify them....

[jumbone] 18/3/2016 21:32

How wrong you are Bean02.

Of the 127 Mill shares issued just 50 mill are in free float

More than 30 mill of those shares are being held very strong with retail holders

Just about 20 odd mill in play for trading...

Look deeper...Just don't post your opinions...Research it properly

[bean02] 18/3/2016 15:18

The vast majority will already have dumped and i would be surprised if it doesn't drop further In around half hour.

[liquidgold1] 18/3/2016 12:52

Day trader trying to pump this a little more …

Watch the trades going through buy then sell

59773…
36329…

Stay away imho

[liquidgold1] 18/3/2016 12:22

Wisecrow on lse board and his mate seriously ramping t be warned...

[bean02] 18/3/2016 11:05

Who is wise crow? Yes had their couple of days fun and banked by the looks of it. Now it's not mentioned at all!

[liquidgold1] 18/3/2016 11:00

Dump following an obvious pump

Wisecrow the leader on then P..

[davethechef] 17/3/2016 17:32

AMED next..multibagger..on final payment & delivery of rig to Prinsip Offshore Drilling, and possible moving into LNG.
You never know; agreed, crazy season!

[induna123] 17/3/2016 16:59

PnD? I can't see any pumping or dumping. LOL

Stocks doing crazy things at the moment. 88E, MTR and now this sick puppy.

[garbut] 17/3/2016 16:21

Pump n dump?
Looks more like a rise into the close.
And more to come to come tomorrow.
IMO

[rajaster] 17/3/2016 15:44

Pump and dump in operation here. Watch the mugs get burnt

[bean02] 17/3/2016 14:39

Still hope they get it back though ;)

[tivoliworldgaming] 17/3/2016 14:20

Me and Bean02 sold this at sub 1p . How frustrating.

[tidy 2] 17/3/2016 14:18

Last night (ARS) states valuation imminent CEO states multiples of current spMany multiples of current share price !! listen from 3:05whats not to like haha ....no brainerhttps://www.youtube.com/watch?v=Cjh3AAWKNDE